Case Study

Failure Case Study | From 14% to 100%: How One M&A Integration Recovered from Near Failure to Deliver Ultimate Value Creation

Failure Case Study | From 14% to 100%: How One M&A Integration Recovered from Near Failure to Deliver Ultimate Value Creation

Every acquisition begins with a compelling investment thesis, ambitious synergy targets, and a clear value creation plan. But when those synergies fail to materialize, the investment case quickly comes under pressure, and with it, the path to EBITDA growth and exit value.

In this candid failure case study, Nick Berry, M&A Value Creation Director at Miryo, shares how an acquisition that was rapidly falling short of its investment thesis was brought back on track when, just six months after close, only 14% of the expected revenue synergies had been achieved.

Through a fundamental rethink of the integration strategy, the business ultimately recovered to deliver 100% of its original synergy targets, while generating 66% of the following year's target before the earn-out had even ended. Nick shares the practical lessons every Operating Partner, deal team, and portfolio executive can apply to prevent value destruction and accelerate post-deal performance.

Download this case study to discover:

  • Why revenue synergies so often fail to materialize, even when the investment thesis looks compelling
  • The leadership, governance, and integration mistakes that quietly destroy enterprise value after close
  • How to build a commercial synergy engine that accelerates EBITDA growth rather than delaying it
  • A proven turnaround playbook for recovering underperforming integrations before value is lost

This case study explores why, and, more importantly, what experienced value creation leaders do when an integration begins to go off track. Download your complimentary copy today to learn how to recognize the warning signs of value destruction early, recover momentum, and protect enterprise value before it's too late.

Failure Content Bundle | Failure First: Four Transformation Failures That Will Change How You Lead

Failure Content Bundle | Failure First: Four Transformation Failures That Will Change How You Lead

Transformation doesn’t fail quietly. It fails in missed targets, stalled programs, frustrated teams, and strategies that looked perfect on paper but didn’t survive reality – and yet, most leaders are still only hearing the success stories.

This is different. This content bundle brings together four candid, real-world transformation failures from experienced senior leaders who have been in the room, made the decisions, and seen what happens when things don’t go to plan. No polish and no hindsight bias, just honest insight into what went wrong, and what they would do differently now.

Download to learn more about:

  • Where transformation really breaks: Uncover the hidden gaps in strategy, culture, and execution that derail even the most well-funded initiatives
  • The leadership decisions that make-or-break change: Learn how small missteps at the top can cascade into organisation-wide resistance or failure
  • What to do differently next time: Walk away with practical, experience-led insights you can apply immediately to avoid the same pitfalls

Featuring Experts:

  • Kartick Kalaimani, Vice President, Dentsu
  • Gerald Lackey, Commissioner, Virginia Department of Motor Vehicles
  • Iván Céspedes, Continuous Improvement Expert, Roche
  • Mike Jefferson, VP, Head of Business Operations for Technology, Volvo Group 

    Download the bundle now and learn the valuable lessons most leaders only discover too late – and so you don’t make the same mistakes they did.